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20121201
20121231
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. the president is cutting his vacation short to face the fiscal cliff. is he leaving hawaii for washington tonight. if lawmakers don't come up with a deal before the deadline your tax refund could be delayed by months. we are live in the washington bureau to explain more. >> reporter: brian the irs said without a deal as many as 100 million taxpayers may be forced to wait until march to file their tax returns. congress has to vote on the wealth tax and it needs to be adjusted for inflation. both partisay they would agree to it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmakers fear it won't happen, more on that
this holiday in hawaii. this is new video of them arriving at the air force base from overnight. the president said he will be back in washington next week to deal with the budget but he is not the only one leaving town. republicans and democrats, senators and representatives all headed home for the holidays before reaching any agreement on ways to avoid end of the year tax hikes and budget cuts. the house speaker used the gop weekly address to say republicans will maintain their focus on reaching a deal. >> i have challenged the members of our party to grapple with these issues, to make choices and we are willing to because washington has a serious spending problem. this was the year of the size our debt, all 16 trillon dollars of it passed the size of our economy. it's a grim milestone. >> both sides continue to blame the other for not compromising. with no agreement the budget cuts and tax hikes will go into effect january 1st. >> it's more likely than ever that eastern and gulfports will be shut down by a strike. nearly 15,000 dock workers at ports from boston to houston are ready to wa
sales. >>> hawaii might sound goo. sun, in partly cloudy to the north. highs upper 40s, low 50, cold and breezy. >> thank you, steve. >>> in burlingame, hundreds of people gathered to pay their respects to victims of the connecticut schoal scooting. >> olivia engel, 6. [bell tolling] >> the names were read aloud -- and a aloud and a -- were read aloud and a candlelit for them. >> people in our community are just heartbroken over what's happened in connecticut. we all identify with the parents and with the community. these little children have been killed so horribly. >> one person with a special bond to newtown is betty. she grew up there and her grief was clearly visible during last night's service. >>> more bay area candlelight vigil vigil are scheduled for tonight -- more bay area candlelight vigils are scheduled for tonight at 6:00 and ameral park in plan tonight -- in pleasant tonight. and also there will be one tomorrow. >>> more people are buying guns these days after that tragedy in connecticut. gun owners in oregon, virginia, texas say many are buying guns fearing for their
at stow lake. >>> president obama is's. he may avoid -- president obama is in hawaii. he may come home early to avoid the so-called fiscal cliff. >>> a plan includes proposed projects to attract state i havers -- visitors. >>> 7:23. moving along in the day right now, tara, you know we talked about going to the golden gate park today. there is another gift that people should know about. >> there is a perk. free parking. >> yay! >> in san francisco today. yeah, free metered parking everywhere along a -- including along the embarcadero and fisherman's wharf. no street sweeping unless that sign says seven days a week of the including holidays. that's the good news -- a week, including holidays. that's the good news. you can see traffic is moving well along all directions. we have, really not a whole lot of people out there. hopefully everybody is opening their presents right now. down in the south bay, 237, milpitas, usually we see a lot of westbound traffic on the right-hand side of your screen but really own what? three cars right now. so that's great. here's rosemary. >>> we have a new
Search Results 0 to 3 of about 4